I just noticed that the capital inflow into crypto investment products last week was quite strong, with CoinShares reporting approximately $1.1 billion in net inflow, the highest since the beginning of the year. Assets under Management (AuM) have reached the highest level since early February, thanks to positive news from Iran and CPI data, with US spending also decreasing more than expected.

Bitcoin remains the focus with $871 million this week, bringing the total net inflow for the year to nearly $2 billion. Interestingly, short-term Bitcoin products attracted $20.2 million, marking the strongest week since November last year. Ethereum also received $196.5 million but still shows a net outflow for the entire year.

XRP and Solana are quite different; XRP attracted $19.3 million, while Solana saw a slight outflow of about $2 million. Geographically, the US accounts for 95% of the total inflow with $1.06 billion, followed by Germany with $34.6 million. Canada and Switzerland also had small inflows of $7.8 million and $6.9 million, respectively. The total trading volume this week was $21 billion, up 13% from last week but still below the annual average of $31 billion.